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Inventory Strategies: Evaluating Constant Disruptions

Logility

Inventory strategies begin with an efficient network design to effectively balance your ability to accurately predict customer demand and work with suppliers to adjust orders in real time. Routine firefighting of inventory issues is a symptom of inventory strategies treated as a once-a-year exercise.

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Watch: Time for a Reset of Retail Inventory Strategies?

Supply Chain Brain

The pandemic and resulting congestion in the supply chain have retailers reconsidering their traditional approach to sourcing and inventory management, says Larry Parker, department chair of transportation and logistics management, supply chain management, reverse logistics and government contracting at the Dr. Wallace E.

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16 Cost Reduction Strategies in Inventory Management

Unleashed

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

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Navigating Global Supply Chain Disruptions: Strategies for Resilience

SCMDOJO

Another reason to map your supply chain is so you can comply with the legislation that is required from all the countries that your inventory is moving to and from. Any red tape that isn’t dealt with beforehand can cause enormous delays as governments aren’t typically fast with their turnaround times.

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RS Group releases report on its activities and strategy for Environmental, Social and Governance

Synovos

We support customers across the product lifecycle, whether via innovation and technical support at the design phase, improving time to market and productivity at the build phase, or reducing purchasing costs and optimizing inventory in the maintenance, repair and operation phase. A short video explaining RS’ ESG solutions is available here.

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Unlocking Insights with Life Cycle Inventory Analysis

SCMDOJO

This is where the Life Cycle Inventory (LCI) comes into play. In this article, we dive deep into the world of Life Cycle Inventory, exploring its significance, methodology, and applications. What is the Life Cycle Inventory (LCI)? It includes determining the purpose of the study, the system boundaries (i.e.,

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What Does Good Look Like S&OP?

Supply Chain Shaman

Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. Governance. I like the use of growth, margin, inventory turns, Return on Invested Capital, customer service and ESG metrics. Here are seven mistakes frequently made: Lack of Well-defined Governance. Drives Value.

S&OP 321